Sunday, August 16, 2009
DENA BANK- AUTO FINANCE SCHEME
Dena Auto Finance Scheme
Take the smooth road to own your Dream Machine
Get on the right track with Dena Auto Loan and drive home your home machine.
YOU ARE ELIGIBLE IF:
You have a gross income of more than Rs. 75,000 p.a. For a two wheeler and a gross income of more than Rs. 1.50 lakhs p.a. for a car.
LOAN AMOUNT
Up to Rs. 50,000/- for purchase of a new two wheeler.
· Up to Rs. 8 lakhs for purchase of a new car.
MARGIN
20%
RATE OF INTEREST
Please Check out the Interest Rates Section to find latest Interest Rates applicable.
INTEREST CHARGED ON DAILY REDUCING BALANCE
NO PREPAYMENT CHARGES
SECURITY
Hypothecation of the vehicle purchased.
MODE OF DISBURSEMENT
Loan disbursed directly to the authorized dealer.
PROCESS FEES
· Two wheeler- Rs. 250/-
· Four wheelers- Rs. 500/-
REPAYMENT
Up to 60 EMIs.
This information is gathered from the bank's web site.
Labels:
Four wheeler
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3 comments:
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